Duplex with Mixed Unit
For Sale
$239,900
20029 Sunshine Drive, Long Beach, MS 39560
Residential Income, Long Beach, MS
Property Size1,979 SF
Lot Size0.27 Acres
Price / SF$121.22
Days on Market100
Property Features for 20029 Sunshine Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3
Parking
4
Patio and Porch features
Porch
Appliances
Range
Subdivision
Azalea Park
Lot features
Cul-De-Sac, Level, City Lot, Fenced, Cul-De-Sac, Level, City Lot, Fenced
Elementary school
W.J. Quarles
Middle school
Long Beach Middle School
High school
Long Beach High School
Directions
Daugherty Rd. to Sunshine Dr.
Standard status
Active
APN
0511h-03-016.014
Size
1,979 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 15 AZALEA PARK SUBD
Tax Annual Amount
2074
Legal Description
LOT 15 AZALEA PARK SUBD
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Water front
1
Building Details
Year built
2003
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet
Roof type
Shingle
Listing Agency:
Beth Arnold Realty, LLC
(228) 284-1700
Listed By:
Beth Arnold · License #B18960
(228) 861-7458
Added: Jun 30
Changed: Sep 21
Last Checked: Oct 7 at 12:06PM
MLS# 4154414
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2003 duplex contains 1,979 square feet on a 0.27-acre lot, with one unit offering two bedrooms and two bathrooms and the other providing three bedrooms and two bathrooms. Interior finishes include carpet and vinyl flooring, while each residence includes a porch and a range. The property was recently leveled and is being sold as-is.
Both units are occupied by long-term tenants. The owner covers property management, lawn care, taxes, and insurance; residents pay water, sewer, garbage, recycling, yard debris removal, power, internet, and cablevision. Public water and public sewer serve the property, with cable available. It is located on Sunshine Drive off Daugherty Road in Long Beach, Mississippi, and showing requests require 24 hours’ notice to avoid disturbing occupants. Profit and loss statements are available upon request.
Both units are occupied by long-term tenants. The owner covers property management, lawn care, taxes, and insurance; residents pay water, sewer, garbage, recycling, yard debris removal, power, internet, and cablevision. Public water and public sewer serve the property, with cable available. It is located on Sunshine Drive off Daugherty Road in Long Beach, Mississippi, and showing requests require 24 hours’ notice to avoid disturbing occupants. Profit and loss statements are available upon request.
Key Highlights
- Two‑unit property with a 2BR/2BA unit and a 3BR/2BA unit
- 1,979 square feet on a 0.27‑acre lot
- Both units occupied by long‑term tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,455
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,100
$249.1K
Cap Rate 7%
$177,929
$177.9K
Cap Rate 9%
$138,389
$138.4K
Market Conditions
NOI Build-Up for 1,979 SF
Gross rent
$19.2K $9.72/SF
− Vacancy
−$1.4K −$0.73/SF
EGI
$17.8K $8.99/SF
− OpEx
−$5.3K −$2.70/SF
NOI
$12.5K $6.29/SF
Area
Harrison County, MS
Vacancy
7.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,100
Cap Rate 7%
$177,929
Cap Rate 9%
$138,389
Alternative Uses
Best Use
Multifamily LT 5
$177.9K
$155.7K – $207.6K
NOI $12,455 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$158.1K
$138.3K – $184.5K
NOI $11,067 @ 7.0% cap · market cap 4.61%
Theoretical Best
Healthcare Medical
$318.8K
$279.0K – $372.0K
NOI $22,317 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 39560, MS
18,611
Population
8,429
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
94%
High-School Grad
20.3 sq mi
ZIP Area
917
Density / Sq Mi
$73,090
Median Household Income
$40,000
Median Earnings
$1,196
Median Rent
$210,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Occupied units, public utilities, and separate bedroom configurations support an established residential income property.
Where is this duplex located?
The property is located at 20029 Sunshine Drive Long Beach, MS.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑unit property with a 2BR/2BA unit and a 3BR/2BA unit; 1,979 square feet on a 0.27‑acre lot; Both units occupied by long‑term tenants
